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20130124
20130201
Search Results 0 to 3 of about 4 (some duplicates have been removed)
to the arguments from both sides. >> president obama reportedly said that america does not have a spending problem. well, of course we know that's not accurate. >> that is the senate's top republican referring to the president's assertion that the u.s. does not have a spending problem during a private discussion on the $16 trillion federal debt crisis as quoted by house speaker in a recent "wall street journal" op-ed. other democrats in including louisiana democratic senator mary landreau have eagerly embraced the presidential sentiment belling to oppose discretionary spending cuts arguing that the debt crisis hasn't been linked role had been over higher by pundits on fox news. >> and not going to keep cutting the discretionary budget which, by the way, is not out of control despite what you hear on fox news. >> senate majority leader mary reed telegraphed his party stalling push for more tax hikes on the wealthy and intensifying opposition to additional discretionary spending discipline. >> the american people still believe by an overwhelming margin that the rich should contribute to this. they b
night. ♪ lou: >> a very good evening. i'm lori rothman. the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession. the government cutting spending and u.s. businesses trying down inventories in the fourth quarter causing the economy to contract for the first time in more than three years. u.s. gross domestic product falling a rate of a tenth of a percent, that is the worst performance since the second quarter of 2009. this is growing at a 3% clip in the third quarter of last year. the federal reserve today saying that growth has stalled, but telling the public temporary, pledging to continue with the easy money policy into the outlook for employment improved substantially, the news coming as somewhat of late surprised as economists predicted. the economy hit with super storm sandy in late october causing extensive damage along the east coast, seen as a major factor. economists see the same growth in excess of 3 percent will be needed to significantly lower unemployment and get at least some of the 23 million unemployed americans ba
about putting someone in a deposition, the republicans allowing obama to be obama and the in the senate to continue to spend than to rack up these insane deficits and debt and go to the 26 -- the 2014 elections we think? >> well, there is no grand strategy. instead they are engaging in skirmishes they cannot win. lou: response to what i suggest that they do. we know the history. that is one of the reasons you're suggesting a different approach. >> i happen to agree with you. nothing that's abroad when look at things. creating enough small ads, small discussions with the american public to make it work, but they have to be very disciplined and do it. the problem, they have multiple taxes. shooting at the leaders command is very difficult. a very difficult position. lou: in a overcome the leaders? >> other people coming at them? i think that leaders worked their way up the system. newt gingrich as an example. over a decade, building the party committing candidates elected committed not just come in one day -- lou: he was the savior and he blew the party up in '96. he is probably the worst
Search Results 0 to 3 of about 4 (some duplicates have been removed)